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20121121
20121121
Search Results 0 to 23 of about 24 (some duplicates have been removed)
. >>> glad to have you with us on this edition of "newsline." asia pacific leaders set their sights on an ambition goal, creating a trading block with an output of $20 trillion. a total population of about 3.4 billion people. the leaders of 16 countries have agreed to start negotiations in the new year. the heads of the association of southeast asian nations met in cambodia's capital. the leaders of six regional partners including japan, china, and india joined them at the summit. they issued a joint kmun ka that said they hope to reach agreement by the end of 2015. leader from japan, china, and south korea agreed to start talking on a free trade agreement of their own. they said they would put aside the territorial disputes between japan and the two other nations. japanese officials want to ease restrictions to give them more access to their neighbor's economies. chinese and south korean officials have already begun talks on a free trade deal between their countries. now negotiators involved in discussions for another free trade zone in the asia pacific say they hope to conclude an
to u.s. leaders negotiating over the so- called fiscal cliff about the serious financial impact looming on the horizon. that's where we begin this morning. how confident are you about the state of the u.s. economy? what steps are you taking to prepare for the potential impact if the u.s. goes off the fiscal cliff? give us a call this morning. you can also catch up with us on all your favorite social media sites, twitter or facebook. or e-mail us. thismorning to you on wednesday, november 21. we are talking about federal reserve chairman ben bernanke's comments yesterday about the fiscal cliff, and getting your thoughts on bthe u.s. economy. and this headline -- also, in the financial times -- to tell little bit more about ben bernanke's , and sister day we turn to david clarke of "politico," their financial services editor. thanks for joining us. guest: thanks for having me. host: what is making the most waves from his speech? guest: in the past he has warned that congress and the president's path to take care of the fiscal cliff. yesterday he said it is not simply doing it but how they
before when the early voting numbers look good for us. >> you thought it long before the election. i know that. [laughter] >> but i was pretty sure -- >> how long? could he have one after the first debate or where the forces in motion? >> sure, absolutely he could have one. -- won. it was competitive the entire way. i think governor romney could have one up until the end. i always believe in the fundamental truth, we were building the best grass roots campaign in modern political history. we had the best candidate and the best message. >> in a way, the story of this election is the degree to which replicated the 2008 results. many people thought that 2008 was a once-in-a-lifetime result. you came very close to replicating it. i think the most fascinating statistic is african-americans in ohio, 11% of the electorate, 15% this time. you found 200,000 more african- american voters who turned out for you. mitt romney lost the state by 103,000. that was the election, right there. finding those extra african american voters. >> let me back up. we won this election because of barack obama. peopl
army had been stolen from the ministry of defense by the very people the u.s. entrusted to run it. >> that's a lot of money. >> it's one of the biggest thefts in history, i think. >> most of the iraqi officials involved, including the former minister of defense, have skipped the country, but we found one of his deputies vacationing in paris. if you went back to baghdad, you'd be arrested. >> uh, no. nobody will arrest me. they will kill me. [ticking] [camera shutter snaps] >> these surveillance photos were taken by undercover police officers while they watched a team of seven south american thieves clean out an old navy store. >> shirts at $22.50, and they got the whole rack. >> when police moved in to make the arrest, they found enough merchandise to fill a room. all taken in less than an hour without anyone inside the store noticing a thing. [ticking] >> we have never seen a problem of this size and magnitude in world history. >> now hang on. in world history. >> there's more counterfeiting going on in china now than we've ever seen anywhere. >> name an american brand. any brand
in the southwest, been in the u.s. since the was basically took half of mexico. and the new latino population which is foreign-born, 40% foreign-born, and the rest of the children of immigrants. very conservative. i know when asked about government they may give answers that are not extraordinary, but sometimes we get tangled, caught up with polls. resort have seen in this election cycle. and i think with latinos we cite polling with specific issues but is that a better understanding of where they're coming from you will get an understanding of why they're answering the questions that way. but i believe with the latino community, we lost the latino vote because of immigration. if we would have a better position on immigration, from the get-go, from the primary governor romney would've been competitive and it would've been competitive in those battleground states where the latino vote was decisive. and, finally, we have to stop being rockefeller republicans. we are not the party of the 47%. you know, when governor romney said what he did last week that obama won because it gives to latinos and other
of facebook. >> the average new facebook user is in india or indonesia or brazil right now. they're using a mobile phone primarily to access facebook because they have not had access to a broad band connection. in a lot of cases there is not an infrastructure media of communications you have in the u.s. and lot of americans will leave me and say facebook is great for gossiping and to see what my friends are in for lunch, but if you were to talk to somebody in the middle east, maybe, you would hear a different story -- facebook was providing access to news, people that had unique access to information that they were not able to get out otherwise. you get a much more meaty story about what facebook means to them. >> facebook engineer chris cox with an insider's view of the company -- thanksgiving day on c-span. at 2:00 -- 2:00, chief justice john roberts. later, space pioneers and nash at -- nasa officials pay amash to the first man to walk on the moon, neil armstrong. >> federer reserve chairman ben bernanke is in washington to negotiate a deal to avoid the so-called fiscal clef. well spea
them. i'm afraid the details haven't been shared with us. >>> hillary clinton joins egypt in attempting to broke aerodeal between israel and hamas. strikes on gaza and rocket attacks into israel continue. >> you're watching "worldwide exchange," bringing you business news from around the globe. >>> all right, we're into hump day, the day before thanksgiving, of course, as well. on today's show, we'll have updates from athens and brussels as the eurozone ministers fail to ruse a deal for greece. air strikes and rocket fire continue in the gaza strip in tel aviv, as hillary clinton urges both sides to diffuse violence. we'll have the latest live from zree israeli. we'll also take the pulse of the polish country. analysts from warsaw 40 minutes from now. >>> we'll be in providence, rhode island, to preview travel ahead of the thanksgiving holiday with the head of operations at peter pan bus lines. >>> but first, after nearly 12 hours of talks, eurozone finance ministers have failed in their quest to agree conditions that would have allowed the next chance of bailout cash going to greece. w
of the cme joining us, giving their strategy for protecting yourself from the potential fall off the fiscal cliff. the markets were kind of a honeymoon today. where the traders not concerned about the fiscal cliff? what went on? >> the fiscal cliff was so widely expected is becoming a non-event at this point. the market managed to eke out a gain today. the european issue is also something on the traders minds. the emergency meeting monday, we have to resolve issue with grief that will be firs first and fort on their minds into next week. david: they're never going to resolve that issue. it will never, ever happen. i don't think they will resolve it. you bring up a great point because if worst-cas worst caseo we go over the fiscal cliff and all of those tax changes expire, we will see a tripling of the dividend tax. if that happens, so many people invested right now, you said some of them might change from issuing dividends to buying back their stocks, right? >> that will be the tax efficient way people will return money, cash to shareholders. taxes on dividends are likely to go up, so that
thanks to you. happy thanksgiving to all of you. join us on friday. that does it for us today. right now it's time for "squawk on the street." >>> you can have all the turkey you want tomorrow. good morning, welcome to "squawk on the street" i'm carl cramer is off today. some word the fiscal cliff negotiations are not getting off to a good start. moderate red arrows. european leaders failed to reach a bailout payment to greece and will try monday. road map starts on the busiest travel day of the year. there are signs it could be a big quarter for airline and travel, but traditional toys look weak. walmart may have protesters outside its doors on friday. >> deer misses earnings, and the market shrugs it off. >> turmoil in israel with a bomb explosion on board a bus today and a rumored cease-fire that never happened. crude is up $1 as the secretary of state has arrived in cairo. a big day full of planes, trains and automobiles with tens of millions of americans set to embark on their holiday weekend journeys. our phil lebeau is in chicago with more on the holiday travel landscape. how pain
to afghanistan is long-term, and you cannot wait us out. this is important. because al qaeda, the taliban and other associated forces under pressure in pakistan, continue to view the rugged terrain of northeastern afghanistan especially kunar province as a viable safe haven. a relentless and effective counterterrorism effort conducted by our special operation forces this year made clear we will not allow them to regain that sanctuary. as a result of prolonged military operations, al qaeda has been significantly weakened in afghanistan and pakistan. its most effective leaders are gone. its command and control have been degraded and its safe haven is shrinking. al qaeda's ability to carry out a large-scale attack on the united states has been seriously impacted. and as a result, america is safer from a 9/11-type attack. these gains are real. but it is important to point out that even with these gains, the threat from al qaeda has not been eliminated. we have slowed the primary cancer, but we know that the cancer is also spreading to other parts of the global body. two examples of that sprea
then became our secretary of defense. and many of us that have served thought that he was one of the best secretary of defenses we've ever had. he's currently a senior fellow at the hoover institute and a freeman foley institute of international studies. he is the michael and barbara bavarian professor at stanford university and serves as co-director of the nuclear risk reduction initiative and preventive defense project. please help me welcome our speaker this morning, former secretary of defense william perry. (applause) >> what a pleasure it is to be aboard this symbol of america's millery power, the uss macon island. what a pleasure it is to be among the men and women of our armed forces and the men and women of the first responders of the san francisco bay area. fleet week for many years in san francisco was a somewhat [inaudible] affair and it has been transformed into this great coming together by the military and the first responders, the great coming together of our uniformed personnel and a great [speaker not understood] of san francisco. this amazing transformation in the last
. you have been quoted as saying that there are very likely as many or more spies working against u.s. interests inside the u.s. during the cold war, which was a head snapping quote when i read it. who are these people and what are they after? >> i don't know that. i've been on the government for six years, but if you look at the value of intelligence, importance of intelligence in the expenditures of resources by china, by russia, but others and look for them is one of the biggest is. well it's the u.s. not only national security secrets, the commercial seats as be of much of can be gleaned or stolen from cyberspace. it is a dire threat in part because we shifted so much attention, so much resource and the counterterrorism arena we've forgotten the necessity of old-fashioned counterintelligence and that's an important element of this. >> often i've heard some people involved in counterintelligence tends to be seen as the redheaded stepchild of the intelligence world. why is that when we need it and what is the cure for a? effect in part because it's something we don't want to think a
and certification sufficient to prove the dog was reliable and include the use. second you have experts testify about whether what constitutes a good training program? >> not necessarily experts, but the officer that participated with the dog can testify as to what he and the ball went through to obtain the training certificate and certification. .. drugs will they weren't. what green -- white wooden bed trailer record to be adequate in that circumstance? >> that would be one of several shilling's that would make the training records adequate. also, we want to know whether there are destructors use in the field. however, i don't believe that the record supports -- and this is arguable the minutes training. all the state had for the initial training was deputy morris, a certificate, one certificate that said this dog was trained by the police department for 120 hours with deputy morris and another certificate saying that the stock was certified by narcotics certifications, again with deputy morrison of for one year. >> i guess what i'm asking you is, as a matter of law you want us to hold and th
, the yen is getting weaker and weaker. the flight to safety going to the euro dolla euro dollar and e u.s. dollar. let's wait and see how this plays out on monday, it ought to be very interesting. cheryl: it is never boring. let's go over to the nymex. tom, certainly not boring in the oil market in particular watching all of the news unfolding out of the middle east. how are you feeling? >> i'm glad it's wednesday, i'md i'm glad we are closed. up $1 on the open and gave it all back, ending up with a rally at the end of the day. you would see oil probably six or $7 cheaper. as long as there are problems in the middle east, you will see oil maintaining above $85. cheryl: $6 or $7 cheaper, why do you say that specifically? is their lack of demand, traditional winter driving season, what is it? >> it is a combination of them. we are driving even less than we normally do in the summer. i think also you will see the dollar strengthen as your previous guest said. the dollar will be a flight to safety, nfs gets stronger, oil should go lower. it'll be held up by the middle east. cheryl: thank you
to consolidate on this. we have to find the common path that will enable us to make the investments and undergo the sacrifice that is required because it is not all ice cream and cake here. you have to curtail consumption. whether it is a business or household. in terms of -- the free sector. it is still the same game. looking out for the future, saving for tomorrow and investing that savings and. that is what we have to do. i think it is a tough order of this matter of innovation is part of it. but also getting us to come together. we can talk about regulation and pension and taxes and the government. a lot of that is [inaudible] a survey said housing prices are too high and that is a negative factor on recruitment. i thought, maybe we can bring the prices down. foreclosure works magic. i do not think you want that. you want rising wealth which could translate into a rising houses -- housing prices. you can increase density and breakdown similar rules, you get more people. there's a lot of things. as i drove down here from oakland cut -- oakland, i saw those cars in the ordinary lanes. one pe
markets closing at 1:00 p.m. eastern on friday. take a look at the u.s. equity futures. the dow is down by about 3 points. the s&p 500 is off by four. the nasdaq down by about 12. because of tomorrow's holiday, you do have the labor department coming out, releasing its weekly jobless claims numbers today. we get them a day early instead of a day late. also today we'll be getting weekly mortgage rates. and freddie mac will report on the weekly mortgage rate averages as well. >> let's talk about the top global market story this morning. it is greece's international lenders, which did not reach a deal, and now they won't be releasing that next bailout payment. nearly 12 hours of talks failed to reach a consensus. the imf and the central bank all going to gather again on monday to try again, but this is not necessarily good news at all. hostess brands will proceed with a plan to go out of business. the maker of twinkies says last-minute talks with the striking workers broke down yesterday, hearing with a bankruptcy judge set for 11:00 eastern time. then we have another string of bad news. >
. 2012] >> taking a look and our programming schedule, join us at 2:00 eastern for a look at retirement issues and the baby boomer generation. after the program, we'll open up the phone lines to get your opinion on the topic. at 3:00, the united nations security council is meeting today to discuss the situation with israel and hamas and the gaza strip. we will have that for you live. the conflict in israel and gaza came up today during prime minister's question time in london. >> can i start by going the prime minister in paying tribute to capt. area of the royal regiment of scotland? he showed the utmost courage and bravery and all of our thoughts and condolences are with his family and friends. can i also express my deep sorrow about the loss of life and suffering in israel and gaza in recent days, including the latest terrorist attack on a bus in tel aviv. there is widespread support on all sides of the house for immediate and durable ceasefire being agreed in israel and gaza. so what will the prime minister set out in his view what are the remaining barriers to this cease-fire agree
after all here today have. forgotten. fate looked down kindly on us when she chose neil to be the first to venture to another world. to have the opportunity to look back from space at the beauty of our own. it could have been another.ow it wasn't. it wasn't for a reason. no one, no one, but no one could have accepted the responsibility of his remarkable accomplishment with more dignity and more grace than neil armstrong. he embodied all that is good and all that is great about america. >>> more from the memorial service for neil armstrong thanksgiving day on c-span at 10 oom eastern and just before 11:30, a behind the scenes look at life as a teenager in the white house with susan ford baal and lyndon johnson rob, and after one, how scientists use game skills and theories to solve world problems. >>> a conversation with president obama's biographers after his re-election. hear from journalists ron suskind, author of "the confidence men: wall street, washington, and the education of a president." the atlantic, aspen institute, and the newseum hosted the forum. >> we have one titled "why
with shelters. >> we went down, inside the room, we were five of us and we closed the door and we waited for about eight or ten seconds, and then was the first fall. >> no one in the family was hurt, but the rocket attacks have killed five people in israel. he thinks the israeli forces will have to attack gaza to stop the rockets. >> doing something is something we have to do. not staying or waiting or trying or only talking. i think we should make it. >> the gaza strip in palestine suffered more serious damage. israeli attacks killed more than 130 civilians. this house was bombed by the israeli air strike on sunday. 11 people were killed. nine of them were women and children. >> translator: women and children were having a meal at home when the bomb hit. why did they have to be killed? the house was totally destroyed. it was a scene of carnage. >> reporter: the search continues for anyone who remains missing. the israeli military says people linked to hamas lived in the house. the attack was criticized because many civilians were killed. israelis have begun an investigation. a funeral w
this friday. this holiday week the unions are using their leverage, but they went too far with the twinkie. talks with the bakers union to keep the company alive have failed, hostess is it gone. bakeries closed, 18,500 jobs thereabouts gone. a terror attack inside israel. a bomb on a bus in tel aviv. ten injuries reported. secretary of state clinton is in jerusalem and she goes to cairo today. this is "varney & company," an all star, pre-holiday lineup. here we go.  >> top story. the unions are excertifying maximum pressure right now the at worst possible time. people want to shop and unions are making both difficult. sciu expects more than a thousand marches at los angeles international airport and say the company they work for, a contractor for the airport broke the union and took away health insurance and demonstrating. and protests planned at o'hare in chicago. a new company providing custodial services there, nonunion, protests. and a strike, and another one at the port in portland. and a huge protest planned at one thousand wal-mart stores on friday. workers angry about wages and
. tomorrow toys 'r' us ceo is nexthe program. to him. fox business. gerri: hello, everybody, i am gerri willis. corruption, criminal charges and hundreds of thousands of dollars in ill-gotten gains. not talking about the underworld of mob bosse i'm talking about wall street. the biggest insider trading case ever. coming out just as individual investors across the country getting more and more comfortable investing in the stock market again. a former hedge fund manager making over a quarter billion dollars. the former chairman of the sec, harvey pitt and doug burns. welcome to you both. i want to go over a couple of facts in the case as we know it right now, which is not everything, not by a longshot, but here's what we know. a hedge fund manager receives insider information, secret trials. an alzheimer's drug. he finds out the results before anybody else and trades on it. he sells his stakes in a couple of drug companies and assures them. you have said both wall street has developed a reputation of not caring, which individuals ke of this story? >> theefact is terrible economic conditio
are there doing nothing, still they're the ones who helped get us into this mess. now they are back. let me ask you about one more thing. we keep hearing about companies like wal-mart paying dividends before the end of the year, realizing dividend taxes will go up, people can click ahead of time, same thing we are hearing about bonuses. it is easy to pay somebody their bonus december 25 of january 2 depending on the tax treatment. do you think that is going to impact gdp in the fourth quart quarter, that there is just a lot more cash realized, like mark peabody and we see a decline in the first quarter because of that, or not? >> the pull forward effects. that is something that is a risk, although quite honestly us economists have been marking down our fourth quarter gdp numbers, we're only now looking for growth at about 1.5% in the fourth quarter. the other thing to keep in mind is how much of that money would actually be spent, depends on how consumers are feeling. if they are feeling nervous, the equity market is really under pressure because it's getting toward the end of the year and we h
Search Results 0 to 23 of about 24 (some duplicates have been removed)